Krewe Of Bacchus Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 720683938 ✦ New orleans, LA ✦ Designated as a 501(c)(4)

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Overview

What is Krewe Of Bacchus Inc?

Krewe of Bacchus Inc is a nonprofit organization situated in New Orleans, Louisiana. The primary purpose of this organization is to organize and finance the annual Mardi Gras parade and carnival, offering entertainment and joy to the local citizens and beyond. They accomplish this goal through the collection of membership dues and assessments, which serve as their main source of funding. This nonprofit contributes to the festive spirit of Mardi Gras in New Orleans, making it an essential part of the city's cultural scene.


Official website here: www.kreweofbacchus.org

Is Krewe Of Bacchus Inc legitimate?

Krewe Of Bacchus Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Krewe Of Bacchus Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $217,280

For more financial information, click here


Official website here: www.kreweofbacchus.org

What is the mission statement of Krewe Of Bacchus Inc?

Krewe of Bacchus Inc's primary mission is to finance the annual Mardi Gras parade and carnival. Through membership dues and assessments, they gather the necessary funds to provide an enjoyable experience for citizens not only in New Orleans, Louisiana but also beyond. Their goal is to contribute to the city's celebrations, promoting joy and entertainment for the community. The organization's activities revolve around organizing and executing these events, ensuring the success of the Mardi Gras tradition.


Official website here: www.kreweofbacchus.org

Who is the CEO of Krewe Of Bacchus Inc?

George Schiaffino is the Director of Krewe Of Bacchus Inc.


Official website here: www.kreweofbacchus.org

What is the revenue of Krewe Of Bacchus Inc?

Krewe Of Bacchus Inc's revenue in 2022 was $6,016,204.


Official website here: www.kreweofbacchus.org

Who are the executives of Krewe Of Bacchus Inc and what are their salaries?

The average compensation at Krewe Of Bacchus Inc during 2022 was $108,640. There are 2 employees and 19 volunteers at Krewe Of Bacchus Inc.


Here are 17 key members and their salaries:


David Blitch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Cangelosi Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Ducote (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Moss Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph O'Connor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blake Brennan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clark Brennan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Owen Brennan Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Dimitri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Frederico (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Lepow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Prouet Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norman Hodgins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Mason (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Schiaffino (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Abadie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrian Colon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kreweofbacchus.org

Where can I find the form 990 for Krewe Of Bacchus Inc?

Krewe Of Bacchus Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kreweofbacchus.org

Learn more at the official website: www.kreweofbacchus.org

Mission Statement of Krewe Of Bacchus Inc

Krewe of Bacchus Inc, a renowned organization, relies on membership dues and assessments to gather the necessary funds. This financial support enables the organization to organize the annual Mardi Gras parade and carnival, bringing joy and celebration to the citizens of New Orleans, Louisiana, and beyond. By contributing to the organization, members play a significant role in ensuring the success of this cherished tradition, which is enjoyed by many beyond the local community.

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Impact




October, 2024

Krewe of Bacchus Inc plays a significant role in preserving and promoting the vibrant cultural tradition of Mardi Gras in New Orleans and beyond. By organizing a spectacular parade and carnival, the Krewe enriches the community's social fabric, providing a platform for celebration and joy. The funds generated through membership dues and assessments are vital for executing a memorable event that attracts both locals and tourists, stimulating the local economy and fostering a sense of community spirit. The Krewe acts as a vehicle for creativity and artistic expression, showcasing elaborate floats, costumes, and performances that highlight the unique cultural heritage of New Orleans. In this way, Krewe of Bacchus Inc contributes not only to recreation and entertainment but also to the cultural identity and economic vitality of the region.




This information is meant to be a general summary of Krewe Of Bacchus Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$6,016,204 (2022)
Expenses
$5,640,565 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,940
  • Program Service Revenue: $6,009,264
  • Gross Receipts: $6,016,204

Assets and Liabilities:

  • Total Assets: $5,050,746
  • Total Liabilities: $2,387,901
  • Net Assets: $2,662,845

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Parade Revenue

Revenue

$6,009,264

Organization Details

Founding Year

1968

Principal Officer

George Schiaffino

Main Address

1215 Prytania Street 227, New Orleans, LA, 70130

NTEE Category

Code: N50 - Recreation

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